Sentences with phrase «for a liquidation process»

One part of the Dick Smith business has been snapped up by an entity affiliated with Harvey Norman, although employees will still need to wait for a liquidation process to receive overdue entitlements.

Not exact matches

CNBC reported yesterday the iconic U.S. retailer is in the process of drafting the court motion for its liquidation plan that could come as soon as the end of the day Wednesday.

For instance, in a similar step - transaction - doctrine issue with partial 1035 annuity exchanges and subsequent liquidations (which allowed annuity owners to get more favorable treatment in the multi-step process than could have been obtained if treated as a whole), the IRS ultimately declared in Revenue Procedure 2008 - 24 that as long as the taxpayer waited at least 12 months between the 1035 exchange and the subsequent liquidation, it would be allowed.

Because the company needs to value to its outstanding debts and assets during the liquidation process, it's pushing for a final conclusion to the SGEIS process.

Recent discussions with management and members of the Board have further confirmed that «the process of exploring alternatives is ultimately most likely to conclude that liquidation is the best course of action for the shareholders of NTI.»

There is no need, nor reason, to waste time or shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses certain to result in further diminution of value for all shareholders, when the majority of the stockholders of the Company appear to have already made their views perfectly clear.

Process efficiency (or lack of process efficiency) exists in markets where there are prospects (or no prospects) for changes of control, going private, mergers, massive recapitalizations and some liquidProcess efficiency (or lack of process efficiency) exists in markets where there are prospects (or no prospects) for changes of control, going private, mergers, massive recapitalizations and some liquidprocess efficiency) exists in markets where there are prospects (or no prospects) for changes of control, going private, mergers, massive recapitalizations and some liquidations.

While our Board considers the inability to continue its strategic process unfortunate, it has abandoned discussions for a strategic transaction and intends to develop a plan that will maximize liquidation value.

I was very positive about management when they first decided to put the REIT into liquidation almost 3 years ago but now I'm beginning to wonder if they are not just dragging out the liquidation process for their own benefit.

Many of my older positions were earmarked for liquidation in the last post, and some I'm already in the process of scaling out of.

Unfortunately, after the passage of the Bankruptcy Reform Act in 2005, it became harder to qualify for a liquidation bankruptcy, and there is now more complexity to an already intimidating process.

Basically this company is going through a drawn out liquidation process (it's been going on for at least a few years) in order to fully maximize shareholder value.

That means I would be investing at most $.03 per share for the possibility of further upside if some of the withheld cash ($ 12 million in the low distribution scenario) is left over at the end of the liquidation process and / or a buyer can be found for some of the intellectual property developed with shareholder» $ 100 million investment.

In Chapter 7 bankruptcy, the most common type of personal bankruptcy, creditors sometimes have the right to take certain property in exchange for debt forgiveness, a process known as liquidation.

Chapter 7 bankruptcy laws outline a process called liquidation, in which some of the debtor's assets are sold by the court in exchange for total forgiveness of eligible debts.

Responsible for developing litigation strategy for bankruptcy case, including pursuit of fraudulent conveyance claims against former owner while negotiating consensual liquidation process.

Because the restructuring and liquidation process can be contentious, with diverse constituencies competing for limited assets, clients benefit from our substantial litigation experience in state and federal court, including bankruptcy proceedings.